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18 Jan
09:25

Brazilian steel sector falls on 2016 economic downturn

Brazilian crude steel production, apparent consumption, exports and imports all fell year-on-year in 2016 due to the poor performance of the local economy, Kallanish learns from a report by steelmakers association Instituto Aço Brasil. National crude steel was 30,2 million tonnes in 2016, down -9.2% y-o-y, the association confirms. According to the report the output volume is equal to the one reached back in 2006. Rolled products output fell by …
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